Tuesday, February 08, 2022 2:30:50 PM
It's the volume and demand for shares that requires the MM's to get out of the way of the Ask. Like yesterday. Meaning - they understood yesterdays volume and accumulation. So they didn't throw (much) lower priced shares out to curb the sp appreciation, or they would have been run over with no suppressed sp effect. IMO.
It's all psychological trading. The sky's not falling, and the trend and momentum has been established with the recent company progress.
Soon there will be even more eyes viewing this company's progress and attract more purchases and higher volume.
MM's and shorters are trying to do the same on the Canadian exchange.
A cure/therapy for cancer for $.35-$.50 a share? It's all about the DD and details.
Good luck to all. Regards,BK.
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